Barclaycard releases real-time transaction data on Black Friday spending

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Barclaycard is today releasing real-time transaction data and commentary on Black Friday spending.

Between 1pm and 2pm, Barclaycard has a record-breaking number of transactions:

Rob Cameron, CEO of Barclaycard Payments said: “Between 1pm and 2pm, we recorded 1,184 transactions per second, a Black Friday record. That a 9 per cent increase over last year’s record of 1,087 transactions per second, also recorded between 1pm and 2pm. The fact that records are continuing to be broken suggests that appetite for Black Friday sales is not abating and that despite many years of strong sales, demand is continuing to rise.”

This is in addition to the 10am update which saw:

·       12.5% increase in the volume of payment transactions compared to the same period on Black Friday last year

Barclaycard, which processes nearly £1 in every £3 spent in the UK, has so far today (as at 10am) seen a:

·       12.5% increase in the volume of payment transactions compared to the same period on Black Friday last year